Ms. Korka, the first one standing at the far left in the photo, is the group's official. She is 45 years old, married, and the mother of four boys and four girls.
Her business consists in selling dyed fabrics and making peanut butter. With the financing received, she intends to purchase 20 lengths of 'wax' cloth at 150,000 francs, 2 sacks of peanuts a 35,000 francs, 20 lengths of dyed fabrics at 140,000 francs, 10 lengths of plain cloth at 40,000 francs, and three 20-liter containers of palm oil at 45,000 francs.
The profits from these sales will enable her to make sure her children's schooling costs are covered and to help out her husband with monthly supplies for the family.
Madame Korka en position debout et à l'extrême gauche sur la photo;est la responsable du groupe.Elle est âgée de 45 ans,elle est mariée et mére de 04 garçons et 04 filles.
Son activité consiste à la vente de tissus teintés et à la production de pâtes d’arachide.Donc avec le financement reçu,elle compte acheter 20 tissus wax pour une valeur de 150000 francs;02 sacs d'arachide pour une valeur de 35000 francs;20 tissus teintés pour une somme de 140000 francs;10 tissus de qualité simple pour 40000francs et 03 bidons de 20l d'huile de palme pour une valeur de 45000francs.
le bénéfice issu de ces ventes vont la permettre d'assurer la scolarité de ses enfants,aider son mari pour le ravitaillement mensuel de la famille.
About CAURIE Micro FinanceThe mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid